Major Healthcare Provider CareMax Files For Chapter 11 Bankruptcy
Major healthcare provider CareMax files for Chapter 11 bankruptcy
CareMax, which operates 56 medical centers in Florida, Texas, Tennessee, and New York catering largely to older patients, filed for Chapter 11 bankruptcy in Texas on Sunday.
The Miami-based firm listed debts of $693 million and assets of $390 million, according to a filing with U.S. Bankruptcy Court for the Northern District of Texas.
In August, CareMax posted a second-quarter loss of $170.6 million and issued a going-concern warning. This month it disclosed it would not be able to file its third-quarter report with the U.S. Securities and Exchange Commission due to a lack of funds.
The company plans to pursue a sale or other transactions for its management services organization and core center assets.
-
1:14:28
Michael Franzese
14 hours agoThe Hidden Cause of LA's Deadliest Fires in 2025?
45.2K92 -
3:59:45
Bitcoin Sports Network
7 hours agoMax & Stacy Invitational Day 2 Part 1 - LIVE from El Salvador
93.5K10 -
1:34:30
The Criminal Connection Podcast
5 days ago $1.93 earnedEL PACO: Gypsy Family Wars, Bare Knuckle Boxing, Assassinations and Spirits!
37.3K3 -
51:43
Brewzle
1 day agoI Found Some AWESOME Stores Bourbon Hunting in Des Moines, IA
35.2K2 -
1:16:54
Kyle Rittenhouse Presents: Tactically Inappropriate
1 day ago $2.52 earnedReplacing Matt Gaetz Pt. 2
20.3K12 -
16:08
inspirePlay
1 day ago $0.70 earnedCan You Sniff Out the Golf Imposters Before They Wreck the Score?
16.9K3 -
22:57
RTT: Guns & Gear
21 hours ago $4.52 earnedPSA Dagger vs. Bear Creek Arsenal BC-102 | The Better Pistol For The Poors
42.7K10 -
8:28
MichaelBisping
8 hours agoBISPING: "Islam WILL RETIRE after UFC 311!?" | Makhachev Wants Belal or Shavkat at WELTERWEIGHT
24.8K4 -
1:13:55
Eye of the STORM
4 months agoEye of the STORM Podcast S2 E3 08/19/24 with Sam Anthony
18.3K1 -
1:04:22
PMG
5 hours ago $0.42 earned"Your Marriage Can Be Saved with Art Thomas"
14.6K2